Rising fuel prices strain operating costs in Namibian mining sector
The Chamber of Mines of Namibia reports that rising fuel prices are increasing cost pressures for the mining sector, with diesel prices up N$4.63 per litre and transport inflation reaching 11.5% year-on-year as of May 2026. The sector remains cautiously optimistic due to strong uranium and gold prices, but faces a more challenging operating environment as higher fuel and transport costs weigh on competitiveness.
Rising fuel costs strain mining sector competitiveness, affecting one of Namibia's key economic pillars.
12 June 2026 · Informanté →